USDJPY is still seeking direction at multi-month bear trend channel.
It seems that next week may have a bullish move.
The setup here is to look at price action at 110 to take short with 111 at stop loss.
1st Take Profit level maybe around 107.50
It seems that next week may have a bullish move.
The setup here is to look at price action at 110 to take short with 111 at stop loss.
1st Take Profit level maybe around 107.50
Trade closed: stop reached:
Stop Loss hit as the recent weekly bullish trend channel remains strong and positive FOMC update added additional positive boost.